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  5. QIPT: your comments on qipt earnings please. [Quipt Home Medical Corp.]
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Q: your comments on qipt earnings please.
thanks
Asked by howard on February 16, 2024
5i Research Answer:

Loss of 1c per share was close to estimates. Revenue of $65.3M was 1% better. EBITDA of $15.3M was 3% better. Revenue rose an impressive 60%, with 2% sequential organic growth. Guidance was good, calling for 8% to 10% organic growth. Recurring revenue was 83% of total. Cash flow more than doubled to $11.7M. Customer count increased 56%. Results look solid to us. 

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